This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

Asian Buyers Look for Opportunities Down Under

First name: 

 

Last name: 

 

Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category

Archives



Malaysia  Singapore  real estate market  China  Sydney  Savills  Julian Sedgwick  Property Report  Australian Residential Property 

Asian Buyers Look for Opportunities Down Under

By - Wednesday 05 January 2011

Asian investors are increasingly looking to increase their exposure to the Australian real estate market, with many hoping to benefit from "untapped growth" in the country, Property Report has claimed.

Buyers from China, Singapore and Malaysia are leading demand in large Australian cities, undeterred by property ownership restrictions, the news provider added.

Julian Sedgwick, senior associate director for international residential sales at real estate agency Savills, told Today Online that there were 800 enquiries over a recent weekend for two or three property launches in Sydney.

"We sold about 25 per cent of the units from one such property and as many as ten per cent to 15 per cent of the buyers are Asian," he said.

Meanwhile, policy makers in the country have looked to starve off the threat of asset bubbles by raising interest rates in the country to 4.75 per cent last month. However, analysts claim that even this will not be enough to ward off Asian buyers.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here


Comments

 

*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.


«« Back to IPIN Live

Follow IPIN Global


Latest Content

Recent Comments

Powered by Disqus